The Central Bank of China announced it will conduct seven-day reverse repos worth 210 billion yuan (about $29.5 billion) at an interest rate of 1.7 percent.
The move aims to maintain reasonable and ample liquidity in the banking system, Xinhua news a…
Gold prices steadied today, as investors keenly awaited the US inflation data for hints on the size of the Federal Reserve’s potential interest rate cut next week.
Spot gold held its ground at $2,518.22 per ounce, while gold futures rose 0.2% to $2,5…
Oil prices climbed today, paring some of the previous session, as concerns about US crude supply disruption outweighed worries about global demand.
Brent crude futures climbed 34 cents, or 0.5%, to $69.53 a barrel, while US crude futures were at $66….